ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Textile Wage Accord

The significance of the recent agreement between the Millowners' Association, Bombay, and the representative trade union of the cotton textile workers in the City lies not so much in the additional benefits accruing to the workers under it as in the fact that through it, the authority of the Central Wage Board and the Government decision accepting the Boards recommendations, are vindicated.

Intra-Union Rivalry A Case Study

Intra-Union Rivalry: A Case Study Sukhiyan THE current struggle between different partners of the United Front in West Bengal to extend their influence and strengthen their organisation has added a new dimension to the problem of industrial relations in the State.

Can Advertisements Substitute Industrial Relations

August 2J, 1969 proved to be inadequately robust while the "archaic" social structure has proved maddeningly resilient, This result should not be too surprising, however, at least to social historians; for Indian society has demonstrated time and again its inexhaustible capacity to dilute and devour the most potent of injected cultures. Thus the current Indian tendency, particularly at the policy level, to follow rather blindly the pattern of scientific development of the technologically advanced societies as they are today, without learning from their experience or making allowances for the historical experience, cultural background and present social structure of Indian society

Fifth Royal Commission on Labour

the strain exceeds the loading margin provided in the insurance premium. New business as well as business in force outside India declined between 1961 and 1965-66, the former from Rs 10.03 crores to Rs 8.50 crores and the latter from Rs 115 crores to Rs 112 crores. Though separate accounts for foreign business are not available, it could be said that LICs foreign business does not pay its way.

Wage Freeze is Not Appropriate

Wage Freeze is Not Appropriate Suresh Chandra Srivastava IT has been argued that a general moratorium on wage increases would help check the recession and the wage- price spiral. And the wage freeze should be accompanied by a dividend freeze to make it politically acceptable. These arguments show lack of understanding of the full implications of wage and dividend freeze. Restrictions on dividends are not really on par with the freezing of wages. A wage freeze implies, in effect, stabilisation of the money income of the wage-earner, whereas a dividend freeze implies a limitation only on current income from property. In other words, while a wage freeze confers no direct benefit in the future, a dividend freeze is nearly always compensated by an increase in the value of capital assets, and prospects of higher income in the future.

ILC Evades Main Issues

 necessary nor possible for even the six major universities, not to speak of all the universities, to have top-level centres in all the basic sciences, as contemplated by the Education Commission. We lack the highly trained personnel and funds required for this, instead of attending to all the departments of all the six major universities, we should begin with developing one top-level centre in each basic science, such as mathematics and theoretical physics, nuclear physics, classical and quantum mechanics, genetics, and so on, at each university. Where possible two top-ranking centres for a basic science may be created to encourage competition.

How Are Bonus Receipts Spent

How Are Bonus Receipts Spent? S D Punekar THE bonus problem has caused considerable vexation to Government industry, labour and the public for the last fifty years (except during the depression) by contributing significantly to industrial unrest. The Third Plan had observed : "Owing to the uncertainty attaching to it, the question of bonus has become a source of friction and dispute." In 1960, a high-power Bonus Commission was appointed "to study the problems connected with bonus claims and to evolve guiding principles and norms for the payment of bonus". Though this Commission came out with a formula for determining the distribution of "the available surplus", after "the prior charges" are met, among the parties involved, there is not much sign of easing of bonus disputes. On the other hand, the struggle for larger bonus has become more organised and litigation-oriented.

One Union in One Industry

year ending June 30, 1968 provided an amount of $75 billion, or more than 50 per cent, for defence with a record expenditure on the Vietnam war. A sum of $ 22 billion was provided for military operations in South-East Asia, though according to latest assessments the cost of the Vietnam war during the current fiscal year will be no less than $ 30 billion. More money would bs required both for domestic expenditure on the war and also for purchase of foreign goods and services by the Department of Defence and for personal expenditure abroad by US troops and other employees.
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